Essay on Net Income

Written Assignment Analysis

Question #1 A) Thingamajigs and Things has total assets of $45,000 and $9,000 in liabilities. This gives a current ratio of 5.00:1. Wannabees has total assets of $150,000 and $85,000 in liabilities. This gives a current ratio of 1.76:1. Thingamajigs and Things is more likely to be approved for a loan, because it has a […]

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